Thinking about buying in Lara? Now could not be a better time, with 11507 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $907,000 with prices in this suburb ranging from $233,000 to $29,571,000. Lara is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Lara Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Lara driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lara are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lara provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Lara requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Lara we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lara a better buying opportunity than it may have been in the past.

Houses for sale Lara

	20 STEFAN CT, LARA, VIC, 3212	3	2	3	$649,000-$699,000
	27 BLACKWOOD RD, LARA, VIC, 3212	4	2	2	$700,000 - $770,000
	12 CYGNET CT, LARA, VIC, 3212	3	2	2	$679,000-$729,000
	9 PENNY CT, LARA, VIC, 3212	4	2	2	$670,000-$680,000
	25 CADDYS RD, LARA, VIC, 3212	3	1	4	$800,000-$880,000
	114 CANTERBURY RD WEST, LARA, VIC, 3212	4	2	2	$740,000-$780,000
	10 BERNARD CT, LARA, VIC, 3212	5	3	4	$749,000 - $820,000
	7 NEVILLE ST, LARA, VIC, 3212	4	1	2	$625,000
	2-4 ARCHIMEDES AV, LARA, VIC, 3212				$500,000 - $550,000
	375 BACCHUS MARSH RD, LARA, VIC, 3212	4	2	2	$2,900,000-$3,100,000
	72-74 MCCLELLAND AV, LARA, VIC, 3212	4	2	2	$1,175,000 - $1,275,000
	15 GOULBURN PARK DR, LARA, VIC, 3212				$3,900,000 - $4,200,000
	945 PRINCES HWY, LARA, VIC, 3212	3	2	2	$1,150,000 - $1,225,000
	18 LIGHTWOOD RD, LARA, VIC, 3212	4	2	2	630000
	16 COPPICE ST, LARA, VIC, 3212	4	2	2	629000
	425-455 FOREST RD NORTH, LARA, VIC, 3212	0	0	0	6000000
	70 HOUSTON RD, LARA, VIC, 3212	5	2	2	1550000

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General Points of Interest

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